Professional Client

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

The highest, or lowest, price a share has traded at in a passing year.

The world's largest stock exchange. Wall St HQ.

The data or information that is likely to impact a company's stock price.

The concept that money you have now is more valuable than the same sum in the future.

A situation in which one person's gain is another's loss.

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.

The percentage by which an investor outperforms a relevant benchmark.